MBA in Canada
Besides being home to the tallest free standing structure in the world -the CN tower- and a co-home of the Niagara Falls, Canada is becoming a haven for international students. In fact, 7 of the world’s top 150 universities are in Canada (according to the QS World University Rankings of 2018). It’s relatively affordable education, world class resources, multi-cultural exposure and more importantly, the convenience of transition from studying to a legal working status, have made Canada a preferred choice and Canadian cities have found top spots in the list of the Top 10 Cities in the World to be a Student.
Quick Points to Note before Applying for Study Abroad in Canada
Capital City: Ottawa
National Language: English and French
Major Cities: Ottawa, Toronto, Vancouver, Montreal, Quebec City, Victoria
Largest City: Toronto
Currency: Canadian Dollar
Time Zone: Canada (Ottawa) is 9.5 hours behind Indian Standard Time (IST)
Why Choose Canada for MBA
MBA is a big investment in your future. It prepares you for more than just reading a spreadsheet or leading a team. An MBA program is a door that can welcome change and opportunity. Canadian MBA programs do just that. Universities such as Queen, McGill, Rotman and University of Canada West offer programs that give the students an opportunity to develop their skills to tackle real-world business challenges very well.
Moreover, opting for an MBA from a country with a booming economy and a hunger for highly educated people assures good jobs after MBA in Canada.
Canada gives you more than one reason to choose it as your MBA study abroad destination. However, there may still be a few more factors that you’d like to consider before you take a decision. Below are a few pointers that may help you –
Globally Valued Qualification:
Just like a degree, diploma or certificate from the United States or the U.K., a degree from Canada will be recognized across boundaries.
The Canadian society comprises of several ethnic groups. This multi-cultural society allows you to experience the cultures of the world making you better capable of working alongside and even leading an organization with different culture groups.
Ease of Immigration:
It is easy quite easy to get a Canadian Student Visa and you can even apply for permanent residency post completion of your program. Read: Visa for Canada Bound Students
Opportunities and Possibilities:
Canadian business schools give a lot of importance to academics and several avenues where students can showcase their creativity and other skill sets.
(Also read: Why choose to study in Canada)
Cost of Studying in Canada
In comparison with other countries, the tuition fees and cost of living in Canada is much lower as most universities in Canada are government funded. Although international students have to pay a higher fee than native students, scholarships and financial assistance, the cost of living can be lowered.
Minimum tuition fees of 10 Canadian Universities
Tuition Fees (Minimum)
University of British Columbia
University of Toronto
University of Waterloo
University of Calgary
University of Alberta
University of Victoria
Also read: Top Universities in Canada
Cost of Living in Canada for Indian Students
In Canada, the cost of living varies from city to city and the area in which the school is located. Also, the best estimated living expense is majorly dependent on the university you are applying to. Generally, every university provides an estimated fee and cost of living per month or year.
The table below helps you understand the approximate cost of living in Canada per month as well as the annual costs.
Average Cost of Living in Canada for a Single Person
Mobile phone (basic package)
Public Transport Pass
Food & Groceries
Eligibility for MBA in Canada
Although Canada offers alluring business programs, a student needs to meet certain criteria to be eligible to undertake those MBA programs. Mentioned below are some of the eligibility factors -
- A related bachelor's degree, which is equivalent to the Canadian bachelor’s degree, from a recognized institution
- A Graduate Management Admission Test (GMAT) score between 500 - 600
- Some universities filter the best candidates for their MBA program by adding the criteria of a minimum years of work experience
- International applicants, non-native English speakers or students whose primary language of education is not English are required to appear for a Test of English as a Foreign Language (TOEFL) or an International English Language Testing System (IELTS). Also, the score obtained on these tests must meet the minimum requirement criteria of the university applied to. Learn more about the TOEFL test
- Some universities may have criteria, other than the ones mentioned above.
Program Details & MBA Specializations:
Several Canadian universities offer Master of Business Administration (MBA) in many specializations. The duration of MBA programs in Canada vary from just about 10 months to 2 years and it therefore difficult to specifically describe the curriculum. Nevertheless, we have broadly categorized the programs offered by the best MBA colleges in Canada into 3 sections.
1. Generalized MBA Program -
This program is usually of duration of 2 years. During the first year, the students delve into the core of business fundamentals such as Financial and Managerial Accounting, Business Strategy Analysis and Management Statistics and Data Analysis. Whereas, the second year comprises of deep diving into the chosen area of concentration, from the specialization options.
2. Specialized MBA –
The duration of the specialized MBA programs often vary from 1 year or less. These programs provide an opportunity to individuals who wish to hone their skills in a specific field. A few business schools, such as the Simon Fraser University, also offer customized MBA programs that are developed according to the needs of specific corporate and organizations. These types of customized MBA programs are also known as "Corporate MBAs and are only available to the employees of the organization for which the course is tailor-made.
3. Combined MBA -
Combined MBA programs are an ideal option for students looking to acquire masters while pursuing another discipline such as Agriculture, Arts, Engineering, Law or Medicine. This program usually lasts for 4 years.
Top 10 Colleges for MBA in Canada
The top 10 MBA colleges/ universities in Canada are listed below.
University of Ottawa
University of Alberta
University of Victoria
Saint Mary's University
University of Calgary
How to Apply for MBA in Canada
Just like for any other programs, the admissions for the best MBA programs in Canada tend to fill up much faster. Therefore, we highly recommend early applications. Usually, the entire application process, depending on whether the academic faculty operates within deadlines, requires approximately 10-12 weeks. Most universities charge a modest application fee as well.
Modes of Application
- Request for application forms via email: If you think that a certain college offers the program of your choice, you can simply request for their application material by filling up an online form on their website.
- Download it from the university website: Most universities have a provision to download the application form their website and print it.
- Requesting Applications from CEC in Delhi: Another option is to visit the Canadian Education Centre in New Delhi or email them. The CEC has forms for all universities.
The admission or application process varies depending on the Canadian province. For example – If you wish to apply for Universities within Ontario, you must apply through the Ontario Universities' Application Centre. For any other university outside Ontario, you must do so directly through the school.
Almost all Canadian colleges accept online applications. To apply for the colleges, you will have to visit each college's website. In most of the cases, you will have to create an account on the website where you will need to fill up your basic details, submit your scanned documents and pay your application fees. You can log in to this account to keep a track on the progress of your application.
However, please note that the process of application may vary from college to college. Please refer to the institute of your choice for more details on the application process.
Even though the application process may vary, there are some common steps that you can follow -
Steps: The common steps to applying for admission are as follow -
- Explore colleges and courses
- Visit schools websites and get in touch with them for more information
- Shortlist the schools of your choice
- Appear for entrance exams like SAT, GMAT, GRE, TOEFL, IELTS
- Write SOPs and ask for LORs
- Apply for colleges that match your interests
- Appear for video interviews of the colleges that shortlisted you
- If you’re accepted into the University, apply for a student visa
Canada is a land of opportunities, especially for those who have graduated from Canadian universities. The average per annum after MBA in Canada can range between C$65,000 - $86,000 International students can work in Canada for up to 3 years after their education.
Canada offers many scholarships specially designed for international students. Scholarships to study in Canada